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I don't think one can generalise, it depends too much on the society concerned. The Swedes are overall very happy with their 62% personal tax rate, some only receiving as little as 29% net income from their earnings. The secret there is the fairness of a well governed system giving high and...

Not so sure about the accuracy. From your link: "In their economics textbook Principles of Economics (7th edition), economists Karl E. Case of Wellesley College and Ray Fair of Yale University stated "The Laffer curve shows the relationship between tax rates and tax revenues. Supply-side...

Indeed, it didn't help elsewhere but did damage London a lot, making us run fast to stand still. .

Of course it's not enough, what our 8 million people generate could never be enough for the remaining 58 millions. The sad fact is that the government takes our London generated £50 billions for elsewhere while the EU has had to give to London's own deprived areas for which we have no money...

I'm just stating the facts, a different view from anywhere else is of necessity wrong. I'm sorry the £50 million surplus generated here isn't enough to enrich such as very deprived Blackpool much more, but it's the best we can do. If the government doesn't invest enough of our money in the...

Thanks James. There's a certain irony in all this. With London with the South East generating that £50 billions surplus, we are earning the whole £8 billions of our annual EU contribution six time over, not a penny from the regions! Any one year even more than covers the £39 billions to...

Not so much that as democracy, not all want to live as we do, or we think we do. I remember a very brief Evening Standard editorial of around the early 1970s which went something like this: "Italy's 50th government since the war has just collapsed. That country runs without any government for...

This myth again. London generates a £50 billions surplus every year which the government redistributes to the regions. Nothing is given to London and the South East, it's just a part of the money we earnt in the first instance for infrastructure to enable us to continue making that £50...

Still numbers though, not relevant size or importance. I don't really care where Cadburys and Frys make their chocolate bars for example, they just shift the production around according to where consumed. .

It's indeed not real debt since the EU doesn't bail out economies with aid money. Any bailing out for them has to be their borrowing, such as the Greek borrowings from Germany to get them out of their self created mess. The Italians are going to have to similarly dig themselves out. EU aid...

Agreed, the IoD claim was just propaganda, designed to distort. However, it's not about numbers since many would have little or no effect if they moved. It's the importance of those who do move that counts, and losing the UK based motor industry, if it happened, would be a very serious loss...

I've replied to the like of this before, there is no shortfall. At every stage of the EU's growth they've drawn money from members according to their financial position and used it to budget their wealth redistribution. Wealth redistribution doesn't have a fixed cost like a product, it's just...

I refer you to this Woosh post. .

You clearly don't know what socialism is when you say Corbyn is nearer Marxism and Communism, but say Blair had labour policies. You clearly like Centrism and have said so, but hate real socialism. Blair didn't have labour policies, remember he created the academies, an arch Tory policy if...

That's rich, coming from someone who thinks Blair was a socialist. Socialism is left wing, the Labour party is socialist, and you hate both. .

Only to the Tories and other anti-socialists who warp everything into criticism, as I've just shown. .

This nonsense again. The EU won't be too bothered if we crash out with no deal. Shared by the 27 they can cope easily and they know how we will suffer. .

Everyone should have a reserve of essentials capable of lasting at least two weeks, preferably a month at a pinch. Systems can collapse so I've always done that. But I wouldn't do more than that. .

The E27 companies appear to be doing the opposite, partially moving out their existing UK operations. At the moment that's just financial services, but I'm fully expecting tangibles to follow if we leave on WTO tariffs. .

Poor chap can't win! First he was criticised by many, including Zlatan in here, for not behaving more politically to get into power. Now he's criticised for doing just that and being a politician like the Tories. Seems to me to be just anti socialist sentiments regardless. .